Shiba Inu’s Grand spaceship to the Base network: Burn, baby, burn! 🚀🔥

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In a move that’s as subtle as a hippopotamus in a tutu, the dog-themed crypto sensation, Shiba Inu (SHIB), has decided it’s time to play with the big leagues—and by big leagues, I mean the mysterious, magical fueling station known as the Base blockchain. Apparently, SHIB is expanding its deflationary tactics like a hormonal rabbit on a sugar rush, now wielding a shiny new “burn engine” to commandeer its circulating supply. Because who doesn’t want their favorite meme coin to be a bit more scarce—like that one sock that always manages to lose itself in the dryer?

The new burn engine: more fire, less fur?

Yes, you heard right. The cunning folks behind Shiba Inu are now operating on the Base network, with a master plan to reduce the total supply of SHIB—just in case you wanted your meme coin to be as rare as a unicorn in your backyard. This “burn engine” is supposed to munch away at tokens faster than a dog with a steak, cheering on the hopes that fewer coins mean more money (or at least a bit of that elusive market stability). Think of it as a giant, high-tech zen garden where the stones (or tokens) are repeatedly cleared away, leaving only a smooth, shiny surface—if only to remind you that scarcity is the new black.

And if you thought that was impressive, consider this: in the last 24 hours, over 600 million SHIB tokens were incinerated on “Creator Coin,” which SHIB unleashed on Zora. These coins generate fees when enthusiasts buy or sell, with said fees about as friendly as a cactus convention—used to fuel the burning process. Ah, the sweet scent of economic Alchemy! Or just a clever way to make you think your meme coin might someday be worth more than a packet of gum.

All this shenanigans aims to make SHIB more scarce than your last pair of matching socks, hoping to crank up its value and maybe, just maybe, get a few more eyeballs (or dollar signs) on it. As of now, the price is slouching at about $0.00001368—down 2.32% in a mad dash of volatility—while trading volumes spike in a frenzy, soaring 62.96% to a princely $238.54 million, because clearly, everyone wants to watch this chaos unfold.

The whales are waking up: bigger fish in the pond?

And here’s where the plot thickens faster than a double-chocolate fudge sundae: whale dominance is skyrocketing, tipping the scales at an astonishing 74%. That’s right—big money is holding tighter than a squirrel with a nut. These giant holders seem to be stockpiling SHIB like it’s the last bag of potato chips during a marathon, possibly dreaming of a future where the meme coin’s price skyrockets faster than a rocket fueled by nachos.

So, with a new burn engine roaring to life and whales pooling their treasure chests, the odds are that Shiba Inu might just dance its way into the top 20 assets—or at least throw a really impressive dog-themed party in the crypto neighborhood. Stay tuned, because in the world of meme coins, today’s whimsy can turn into tomorrow’s legend… or just some really funny graphs.

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2025-07-28 19:26